Tech in Asia

Revenue in its 2024 financial year grew 25% year on year, slowing from the 58% increase it saw in FY2023.

In The Checkout this week, we examine the potential implications of Trump’s tariffs on SEA’s ecommerce sector.

The new platform may allow users to share AI-generated content more easily, replacing the need for screenshots.

The UK is positioning itself as an AI hub, with plans for pro-innovation regulations, public data access for researcher.

Founded in 2013, Varthana offers low-cost, collateral-free loans and operates in 40 cities across 15 states.

The exemption was granted before the official consultation began, prompting criticism from rivals.

These claims were detailed in a report released on April 16, 2025 by the House Select Committee on China.

The newly imposed 145% tariff on Chinese imports has created uncertainty for US robotics firms that depend on these components.

The deal is Infinite Reality’s largest this year, following earlier acquisitions of the Drone Racing League and Landvault.

DigitalBridge continues to explore other options, including breaking up the business or pursuing partial sales.

According to data from Sensor Tower, downloads of Temu on US App Store has fallen 62% in recent days.

Officials are also discussing restrictions on Americans' access to DeepSeek's services.

The issue arose after Meta presented slides on April 14, 2025 with incomplete redactions, revealing internal information.

The memory feature allows Grok to retain details from past chats for personalized responses.

AMD says new rules affect its MI308 chips and plans to apply for export licenses.

The draft of the revised EV Policy 2.0 reportedly includes goals for 95% of new vehicles to be electric by 2027.

Japan holds approximately US$1.1 trillion in US Treasury bonds, highlighting its investment leverage.

Since April 12, 2025, the daily ads from Temu's primary entity, WhaleCo, fell to 14.

This acquisition marks Lyft's entry into the European market and is expected to close in the second half of 2025.

Despite the AI sector boost, TSMC’s stock has dropped by 20% this year.